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QLD › Morningside › Dickson St

U3, 58 Dickson St, Morningside QLD 4170

For saleTownhouse

$1,090,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,090,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,090,000(Listing record · 4 Aug 2026)
  • CalculationAsk is 32% below the Morningside median recorded sale ($1,600,000, n=61, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Morningside's advertised median rent ($743/wk), implied gross yield would be 3.54% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,090,000

Asking

No recorded sale for this property.

Morningside at a glance

13,023

People

$1,600,000

Median sale

$743/wk

Median rent

2.41%

Suburb gross yield

Median sale from 61 recorded sales (last 12 months) — a Districts calculation.

See the full Morningside report →

Vs Morningside

-31.9%

Median sale

Suburb $1,600,000

+1.13 pp

Gross yield

Suburb 2.41%

Suburb median $1,600,000 from 61 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,090,000
Stamp Duty (Queensland)
$43,200
Transfer/Registration Fee
$4,485
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,141,385

$51,385 on top of the price (4.7% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Morningside's advertised median rent — not a rent for this listing.

Net yield
2.04%
Annual cashflow (pre-tax)
$-34,394
Interest cover (DSCR)
0.39
Annual rent
$38,636
Operating expenses
$16,350
Loan amount
$872,000
Annual interest
$56,680
Gross yield
3.54%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$1,090,000available4 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $743/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Morningside in one glance

Morningside at a glance

13,023

People

$1,600,000

Median sale

$743/wk

Median rent

2.41%

Suburb gross yield

Median sale from 61 recorded sales (last 12 months) — a Districts calculation.

See the full Morningside report →

Keep researching

  • Why Morningside? Read the area thesis →
  • What else is on the market in Morningside →
  • Other records on Dickson St →

Listing material

Listed by Place Bulimba

Quality-Built Townhouse Offering Lifestyle, Space & City Views

Perfectly positioned within one of Morningside's most desirable pockets, this beautifully presented townhouse delivers an exceptional combination of solid construction, generous proportions and effortless low-maintenance living. Built with rarely offered block and slab construction, the residence has been designed to provide lasting quality, outstanding privacy and everyday comfort.

Freshly painted throughout and enhanced with brand-new carpet, the home is move-in ready, allowing its next owners to simply unpack and enjoy. The expansive open-plan living and dining domain is light-filled and inviting, flowing seamlessly to two oversized entertaining balconies at the front and rear. Perfect for hosting family and friends, the front balcony is complete with a built-in BBQ, while a conveniently positioned powder room services the main living level.

Accommodation comprises three generously proportioned bedrooms, each with built-in wardrobes. The privately positioned master suite offers a walk-in robe, well-appointed ensuite and its own exclusive balcony, where elevated city views provide the perfect backdrop to your morning coffee or evening unwind.

Read the full description

On the lower level, a spacious side-by-side double garage with automatic tilt-panel door incorporates a functional laundry and provides excellent storage rarely found in townhouse living.

Positioned only moments from the renowned dining, cafés and boutique shopping of Oxford Street, Bulimba, the home also enjoys easy access to CityCat ferry services, public transport and the Brisbane CBD. Combining exceptional convenience with quality construction and low-maintenance appeal, this is an outstanding opportunity to secure a home that will suit owner-occupiers and investors alike.

Property Highlights:

- Solid concrete slab and block construction

- Three generous bedrooms with built-in wardrobes

- Spacious master retreat with walk-in robe, ensuite and private balcony

- Elevated city views from the upper-level balcony

- Freshly painted throughout with brand-new carpet

- Expansive open-plan living and dining area

- Two oversized entertaining balconies

- Built-in BBQ to the front entertaining balcony

- Revers cycling cooling & heating air-conditioning

- Powder room servicing the main living level

- Side-by-side double garage with automatic tilt-panel door

- Integrated laundry with excellent storage

- Low body corporate fees

- Moments to Oxford Street, Bulimba, CityCat ferries, cafés, restaurants and the Brisbane CBD

For further information or to arrange a private viewing please contact Brenton Faehrmann on 0414 892 990 or Patrick Goldsworthy on 0413 345 755.

Disclaimer:

We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Listing description written by Brenton Faehrmann, Place Bulimba — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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